Answer:
The difference in human capital explains $7,863 of the income per worker gap while the difference in physical capital explains $20,181 of the income per worker gap.
Explanation:
Human capital refers to the skills, knowledge, and efforts of the people in producing goods and services. It is also known simply as labor. Physical capital refers to the "man-made" goods that assist in production, including machinery, equipment, and technological items such as computers.
In the given scenario, the income per worker in the United States is $82,359 - $54,315 = $28,044 more than the income per worker in South Korea. This is explained by differences in both the level of technology (i.e. physical capital) and the capability of workers (i.e. human capital).
We are informed that the income per worker in South Korea would be $74,496 if it had the same level of technology as the United States. This means that $74,496 - $54,315 = $20,181 of the income per worker gap between the two countries is explained by differences in physical capital. Hence the remaining difference of $28,044 - $20,181 = $7,863 is explained by differences in human capital between the two countries.
Answer:
9.82
Explanation:
Given that,
Assets = $18 billion
Tax rate = 35%
Basic earning power (BEP) ratio = 12%
Return on assets (ROA) = 7%
BEP = EBIT ÷ Total Assets
12% = EBIT ÷ $18 billion
EBIT = 12% × $18 billion
= $2.16 billion
ROA = Net Income ÷ Total Assets
7% = Net Income ÷ $18 billion
Net Income = 7% × $18 billion
= $1.26 billion
Earning before tax:
= Net income ÷ (1 - tax)
= $1.26 ÷ (1 - 0.35)
= $1.26 ÷ 0.65
= $1.94 billion
Interest Expense:
= EBIT - EBT
= $2.16 billion - $1.94 billion
= $0.22 billion
Times interest earned ratio:
= EBIT ÷ Interest expense
= $2.16 billion ÷ $0.22 billion
= 9.82
Answer: redistribution
Explanation: In simple words, redistribution refers to the process in which something is distributed in way to achieve a specific objective like equality etc.
In other words, it can be seen as transfer of wealth or resources from one section of the society to the other sections. Redistribution is performed by governments of the country and is implemented using tools such as taxes, charity and public services etc.
Hence from the above we can conclude that the given example depcits redistribution.
<span>This is an ore deposit. This is the economic term: mineral deposit is a geologic term. Mineral deposits may be ore deposits at some points in time and may not be economically-feasible at others, depending on outside factors such as value of the items mined, the costs involved, and the political landscape that might make mining the metal unfeasible.</span>
A Digital Lab is a good digital learning environment for someone who is studying science.
Electronic Health Records are technology trends found in the field of medicine.
If you are looking for an out-of-print copy of a book, you should check a <u>Digital Library</u> .
(I just answered the question on Edgenuity myself)